The Retire through Ownership Act aims to clarify how "adequate consideration" is defined in relation to employee stock ownership plans (ESOPs) under the Employee Retirement Income Security Act of 1974. The main objective is to provide a clearer framework for valuing closely held stock, which is stock not publicly traded, in these retirement plans. One of the key provisions of this act is that it allows fiduciaries of employee stock ownership plans to rely on valuations from independent experts when determining the fair market value of closely held stock.